SBP’s customer exchange rates – April 08, 2022

SBP’s customer exchange rates – April 08, 2022

KARACHI, April 08, 2022 – The State Bank of Pakistan (SBP) has issued the official exchange rates for customers on Friday, April 08, 2022.

These rates are determined based on the weighted average rates provided by commercial banks and are disseminated for informational purposes only, according to a statement by the SBP.

The SBP reiterated that the data represents estimates quoted by various commercial banks to their clients and serves as indicative exchange rates for commercial transactions between banks and customers.

Here are the buying and selling rates for major foreign currencies in Pakistan Rupees (PKR) as of April 08, 2022:

• AED (United Arab Emirates Dirham):

• Buying: PKR 51.1092

• Selling: PKR 51.2189

• AUD (Australian Dollar):

• Buying: PKR 140.3428

• Selling: PKR 140.6454

• CAD (Canadian Dollar):

• Buying: PKR 149.1218

• Selling: PKR 149.4380

• CHF (Swiss Franc):

• Buying: PKR 200.7453

• Selling: PKR 201.1799

• CNY (Chinese Yuan):

• Buying: PKR 29.5154

• Selling: PKR 29.5762

• EUR (Euro):

• Buying: PKR 203.8689

• Selling: PKR 204.3221

• GBP (British Pound):

• Buying: PKR 245.0560

• Selling: PKR 245.5927

• JPY (Japanese Yen):

• Buying: PKR 1.5124

• Selling: PKR 1.5157

• SAR (Saudi Riyal):

• Buying: PKR 50.0236

• Selling: PKR 50.1304

• USD (United States Dollar):

• Buying: PKR 187.5907

• Selling: PKR 188.0135

The SBP’s provision of exchange rates plays a vital role in ensuring transparent and efficient foreign exchange transactions in Pakistan. These rates are crucial benchmarks for businesses and individuals involved in international trade and finance.

Customers are advised to stay informed with their respective banks for real-time rates before engaging in any foreign currency transactions due to the dynamic nature of foreign exchange markets. The SBP remains committed to fostering stability and transparency in the foreign exchange market, ensuring a fair and reliable system for businesses and individuals participating in cross-border transactions.